Lee R. Mitau - 01 Apr 2023 Form 4/A - Amendment Insider Report for GRACO INC (GGG)

Role: Director
Signature: /s/ Shannon E. Quirk, attorney-in-fact for Mr. Mitau
Issuer symbol: GGG
Transactions as of: 01 Apr 2023
Net transactions value: +$31,125
Form type: 4/A - Amendment
Filing time: 14 Apr 2023, 12:04:20 UTC
Date Of Original Report: 03 Apr 2023
Previous filing: 01 Mar 2023
Next filing: 03 May 2023
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GGG	Deferred Stock Shares	Award	$31,125	+426	+0.23%	$73.01	189,080	01 Apr 2023	Common Stock	426		Direct	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The deferred stock shares were accrued under the Graco Inc. 2019 Stock Incentive Plan and are to be settled 100% in Graco common stock in a lump sum or installments upon reporting person's termination of service on the Board.
F2	Shares of Graco Inc. deferred stock received in lieu of quarterly retainer fees.
F3	The number of deferred stock shares includes deferred stock shares acquired under the Graco Inc. Automatic Dividend Reinvestment Plan (DRIP), exempt under Rule 16a-11.

Remarks:

Due to an error in calculating the quarterly Governance Committee retainer, the number of deferred stock shares provided to this reporting person was understated. This Form 4 has been amended to correct the number of deferred stock shares provided.